C2FO raises $200M for working capital marketplace led by Softbank Vision Fund
C2FO, a digital marketplace for working capital, said it raised $200 million in equity funding led by SoftBank Vision Fund, with participation from Temasek and Union Square Ventures.
The funding will be used to grow the fund, not only for large multinational companies, but also for small to medium-sized enterprises.
"We are very fortunate to have a team who, for years, has delivered industry leading unit economics, extraordinary customer satisfaction and strong global growth," Sandy Kemper, founder and CEO of C2FO, said in a company release. "Due to their work, we have now grown to match over $1.2 trillion of accounts receivable and accounts payable."